Press Releases

WASHINGTON – Congresswoman Renee Ellmers (R-NC-02) issued the below release after introducing The Consumer Healthcare Insurance Transparency Act of 2016:

“Patients deserve to know how the policies enacted in this administration will affect their family budgets. CMS owes it to our citizens to be transparent about premium increases so they can plan for their family’s financial and healthcare needs.  It is also crucial that they have this information prior to Election Day so they can make an informed vote about policies which affect them so profoundly. In mandating that CMS publish premium increases, our citizens can better make an informed vote to determine the fate of this country and its health care system.”

Background: H.R. 5960 requires CMS to report the following year’s premium rate increases by November 1st of each year in order to better inform consumers on the varying plans and corresponding annual rate increases. The sole purpose of the legislation is to create more transparency and educate consumers on potential annual premium increases in order to make better decisions for their families and businesses.  CMS is instructed to publish these numbers each year from 2017 through 2021.  The Secretary shall publish these numbers on the Internet website of the Centers for Medicare & Medicaid Services.

Click here to read The Consumer Healthcare Insurance Transparency Act of 2016.

 

 

 

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